Event:
The U.S. will end its 1960 embargo and reestablish diplomatic relations with Cuba; the agreement took place after an exchange of three Cuban spies for aid worker Alan Gross and an unnamed American spy
More Notable Events on December 17:
1991 NBA's most lopsided game Cleveland beats Miami 148-80
1986 U.S. Congress forms Irangate committee
1979 Budweiser rocket car reaches 1190 kph
1953 FCC approves RCA's black and white - compatible color TV specifications
1900 New Ellis Island Immigration station completed costing $1.5 million